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Reply to "How much can we afford to spend on home?"
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[quote=Anonymous][quote=Anonymous]I wouldn't spend that much on a home! We spent 750k on a home and do not have any student loans or childcare expenses. We make around 325k. A 1.2 million dollar home means one person's job is going to pay for the house. Meaning you're house poor. [/quote] If you want to be in a nice area (close to DC for example, safe, good school district), 750-800k will not get you far. And most importantly, you can afford a more expensive house. Why live below your means, a house is a long term purchase, don't regret it by buying below your means.[/quote]
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